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Ibadan Electricity DisCo Sold for N100 Billion – AMCON
The Business NG
|July 04, 2025
The Ibadan Electricity Distribution Company (IBEDC) has been sold for N100 billion, the Asset Management Corporation of Nigeria (AMCON) announced on Thursday.
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Speaking to journalists, AMCON Managing Director, Gbenga Alake, confirmed the sale of the power distribution company, which had been under AMCON's control since January 2022.
This story is from the July 04, 2025 edition of The Business NG.
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